In this piece, we’ll look at the stocks that Jim Cramer recently discussed.

In a fresh appearance on CNBC’s Squawk on the Street, Jim Cramer speculated on the reasons behind the market selloff on Monday. The selloff, which hit nearly all sectors, wiped out $4 trillion in market value from the flagship S&P index from its post-election high. One reason that investors fled the market was the worry about a recession. When asked whether he was worried about a recession, Crmaer shared: “You bet I am. I don’t want a recession, let alone a manufactured recession. I don’t want to feel worried about my job. Everybody’s job.”

The CNBC TV host also commented on a recent National Federation of Independent Business (NFIB) report, which stated that small businesses were growing pessimistic in February. Commenting on the report, he outlined:

“That’s the base. The small businesses. It’s the backbone of our country. Don’t attack the backbone. These are the people who hire the base and they are the base. And the base is the greatest base in the world it’s the working person. And working person across, it’s not who you wanna alienate. Now, I have historically, I’ve worked with the President. Now you could say well wait a second, clown, that was in The Apprentice. I had him on many times on our show. This is not the President I know. Optimistic. Telling us that things, you know don’t worry because there are jobs being created. Right now. And we’re going to go and look at the tariffs of our neighbors. Here’s all the tariffs, doesn’t seem right. But no. Don’t be like, don’t be like that first guy. Be like Roosevelt, and not FDR. TR. Study TR. Right now. Get the. . .books, there’s a lot of good books about TR.”

Cramer also believes a bounce in the market following the selloff is possible. He reiterated that zero-day options were behind a lot of the market’s woes, and trading activity was harming investors with long positions while leaving short-sellers unscathed. According to him:

“Absolutely. Absolutely. And you know, look, I think people don’t realize, you talk to Robinhood you’ll get it, people don’t realize the power of these zero-day options. They have the ability to push stocks down because we’re not that big a liquid market. You know people just say oh like Jim that’s ridiculous. Well, why don’t you do some homework like I have. Verizon. Jesus, not even a good phone company.”

The worries of a recession have in part been influenced by tariffs on imports. Cramer believes the market is worried about a manufactured recession which is also harming bank stocks:

“Well, banks are good, bank stocks go down everyday, why? Well because of the manufactured recession. Manufactured. We were doing well. But, the base doesn’t understand, tariff, all they know is, I don’t wanna lose my job right now with my plumbing and heating company in order to be able to get a job with Taiwan Semi in 2030.”

He commented on a non stock market topic, Elon Musk’s xAI and its Grok AI model. Cramer is impressed by Grok as he shared:

“I think that if you take a look at Grok, which is a company separate from [the EV company] that’s owned by Musk, Grok has broken out and is well ahead of all the other agents. Why? They have the most NVIDIA chips. And if you go to Grok and you ask about something it’s no longer, it doesn’t read like Google anymore. It’s a really in-depth analysis. Why? Because it scrapes Twitter.”

The host also believes that while President Trump’s tariffs are warranted due to the US being unfairly treated by its trading partners, Trump’s approach could use fine-tuning. According to Cramer:

“Remember, I’m constructive on the market. Because I don’t think, you know if President Trump were to speak softly and carry, I don’t know a howitzer. . .he can do the howitzer thing, he could speak softly and have nuclear weapons. Anything but speak loudly and not have a howitzer. Cause that doesn’t work.”

Our Methodology

To make our list of the stocks that Jim Cramer talked about, we listed down all the stocks he mentioned during CNBC’s Squawk on the Street aired on March 11th.

For these stocks, we also mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

10. AT&T Inc. (NYSE:T)

Number of Hedge Fund Holders In Q4 2024: 80

AT&T Inc. (NYSE:T)’s shares have gained 13.9% year-to-date and are up by 51% over the past year. Like its peer T-Mobile, the firm has benefited from growth in subscribers of its higher-paid plans. However, AT&T Inc. (NYSE:T)’s shares fell by 4.7% in March despite holding their ground during the Monday selloff. The stock fell after peer Verizon warned that it could see subscriber growth slow down in 2025. Cramer is upbeat on AT&T Inc. (NYSE:T)’s management though:

“I think ATT, I’ve been much more bullish on Stankey, I think he probably has more positive things to say.”

9. Chevron Corporation (NYSE:CVX)

Number of Hedge Fund Holders In Q4 2024: 81

Chevron Corporation (NYSE:CVX) is one of the biggest oil companies in the world. It’s also one of Cramer’s favorite plays in the energy sector. In his previous comments about the firm, the host has shared that Chevron Corporation (NYSE:CVX)’s cash flows and dividend make it an attractive stock in today’s market particularly over its rival Exxon. He has also remained confident in the firm’s CEO Mike Wirth. Cramer’s latest comments about Chevron Corporation (NYSE:CVX) revolved around these themes as well:

“Right, now Mike I was on one of his platforms in the Gulf and I said listen, what do you do if Trump wins? Are you going to scrap. . .He said this is a ten year project, what happens if we get a Democrat, he said we can’t do that. . .he’s got a lot of solars, the thing runs on solar. I like Mike. I’m glad to see the stock’s back. This has been a rally. Don’t forget. . dividend, high yielding stocks, and Mike Worth’s got high yield. It’s also a natural gas rally, which by the way is directly linked to data centers. So I don’t really want oil and gas here, they’re yielders and we have a President who wants to flood the zone with oil to get oil down in order to be able to deal with as a offset to the tariffs. But that’s so convoluted.”